SINGAPORE: Public-private partnerships (PPPs) are under the spotlight after the Government took over the management of the Sports Hub last week, more than a decade earlier than agreed upon. The S$1.33 billion facility was a tie-up between the Government and SHPL, a consortium made up of four comp...

The Sports Hub - Singapore’s largest public-private-partnership project - will be owned and managed by government agency Sport Singapore from Dec 9 this year. The S$1.33 billion facility in Kallang, which became operational in 2014, has experienced its fair share of highs and lows since. ...

THE following companies saw new developments that may affect trading of their securities on Friday (Apr 29):

TYCOON Ong Beng Seng, popularly known by his initials OBS, is credited as being one of those responsible for first bringing the Formula 1 night race to Singapore. He also led a consortium, 98 Holdings, which involved entities of Temasek Holdings, that won control of steel marker NatSteel, f...

THE following companies saw new developments that may affect trading of their securities on Monday (Apr 18):

HOTEL Properties Ltd (HPL) has sold its entire interest in HPL (Olympia) Ltd (HOL) and Maple Olympia Propco 4.

Hotel Properties (HPL) will be booking a gain of $29 million with the sale of its 80% stake in a joint venture. Ong Beng Seng, HPL’s managing director, holds the other 20% of the joint venture. The joint venture HPL Olympia, holds the 405-key Hilton London Olympia hotel in London. HPL is one of the ...

HOTEL Properties H15 has, through its 80 per cent-owned joint venture (JV) company HPL Olympia, entered into a share purchase agreement with an unrelated party to sell its entire 100 per cent stake in the share capital of 2 JV companies - HPL (Olympia) and Maple Olympia Propco 4 S.à.r.l. ...

After a protracted battle of the bids between Cuscaden Peak and Keppel, Singapore Press Holdings' (SPH) shareholders have given Cuscaden Peak the green light to buy the company.At an extraordinary general meeting (EGM) held on March 22, 89.19% of shareholders holding 96.55% of the number of shares i...

Pavillon Holdings has entered into a subscription agreement with New Development Hotel Management on March 9, where the latter will subscribe for $42.94 million or RMB200 million worth of new ordinary shares in the former. Under the agreement, Pavillon Holdings will issue some 1.047 billion new shar...